Henry Gant, Man About Town. This episode: Bait and switch.

in steemit •  7 years ago  (edited)

And now for what we like to call . . . a true story.

I worked for a large department store many years ago.
I was learning how to sell in the hardware department.
I'll not mention the store . . .

One of the stories the manager told me was about when he was first starting out in the department store industry. He was in the appliance section. The story goes:

At one time the employees of a similar department store would sell washing machines. The ads for the washing machines promoted incredibly low prices. So low, that it brought many people to the department store.
The customer would then check out for the purchase of the washing machine, and just before the sale was rung up, the salesman would ask, "Would you like a bucket to fill the washing machine with water?"

Whereupon to the surprise to the customer, the salesman would explain that this washing machine was not equipt to hook up to a water supply. A water bucket was needed.
The customer would then "buy up" to the higher priced washing machine with the hookups.

This is an example of bait and switch

Does this sound familiar?

It is happening in the Steemit environment.
thief.jpg
Scams, and it is illegal.

Delegations schemes that promise a great return on investment . . . then the situation changes and you get less than what was promised.
That is a bait and switch.

Be aware . . .
or not.

H. G.

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This is a very familiar sighting here in steemit, Sire. We really should be more careful where you send your sbd's. These are hard earned sbd's so it's a must that you think more than once before ticking that transfer button.

Thank you for your comment @beany-inhinyero.
I recently delegated my steempower, and soon realized that is was a mistake. The rules of the delegation changed almost as soon as they got my delegation.
I was much happier being able to give upvote that had more rewards.

Than you for the resteem, I am following you now.

H. G.

You are welcome, sire. Your posts are worth reading and sharing. Thanks for the follow, it is my pleasure.

We must be careful in every move we make...

Thanks for sharing @henry-gant

I think that, for me anyway, it was wrong to seek out a high percentage return on my steem. In doing so I gave up my ability to help others directly. I'm reclaiming my delegation sp.
Thank you for commenting @sitiaishah.

H. G.

It is my pleasure sir @henry-gant...
thanks

Totally agree! Why can't hackers and scammers leave Steemians for good? My account was hacked yesterday which was a traumatic experience for me... I posted an article about that to also help my fellow Steemians be aware of hackers in Steemit.

I read the article yesterday @emdesan. I'm glad that you were able to find a way to help others even when if was a loss to yourself.
Best wishes and good things are on the way.

H. G.

I am really glad I was able to help in warning in my co-Steemians and thank you for your kind words sir @henry-gant :)

H.G. It's slightly disheartening that this is happening. The crypto-currency world is already difficult to navigate for most.

On a side note, when do you feel the crypto market is going to make a come back or do you feel it's leveling out at current rates?

Tina

First, it great to hear from you @thouser. It was a mistake to delegate my SP to start with. I'm glad I'll have the voting power back in a few days.

The Crypto market is bouncing. I'm watching it it's, been tough. Today is the day, we either hold support and recover, or BTC is headed for $5000.00 .
Which is still ok.
Steem, That's another matter. It continues in a downward channel.
It will turn around, I've been in Crypto since 2013, and I've seen this three times.
It's best to have enough USD to hold over for a few months and forget about everything else.
When it rebounds, we will be glad we held.

I hope that helps.

H. G.

I took a little vacation to the mid-west to re-calibrate. It's good to be back home on the coast. I'm fired up and ready for what comes next!

Wow crazy story...

I know, that story has stuck with me for many years. And it still happens all the time.

So nice post my friend

follow fo follow

  ·  7 years ago Reveal Comment

I do not know what this reply means . . . would you mind explaining why I should remove my down vote?